Gift Deed (Immovable Property) Format & Template

What is a Gift Deed (Immovable Property)?

When to use it

• A parent wants to transfer property to a child during their lifetime rather than through a will.
• A spouse, sibling or grandparent is gifting property to a family member.
• The owner wants to retain a right to live in the property for life while transferring ownership now.
• A senior citizen wants the transfer conditioned on the donee providing maintenance.

What you'll need

Keep these details ready — the form asks for them in this order.

How it works

1. 1

   Enter donor and donee

   Full details of both, and their relationship — this often decides the stamp duty concession.

2. 2

   Record how the donor owns it

   The deed or inheritance by which the donor acquired the property, with registration details.

3. 3

   Describe the property

   Survey or plot number, extent and four boundaries, matching the title documents.

4. 4

   Choose optional conditions

   Lifetime residence right for the donor, and a maintenance condition where the donor is a senior citizen.

5. 5

   Preview, pay and download

   Review the deed, pay ₹700 and download it for stamping and registration.

How to make it legally valid

• Stamp duty at your state’s rate — many states charge a concessional rate for gifts to close relatives.
• Compulsorily registered at the Sub-Registrar office where the property is located.
• Signed by the donor and attested by at least two witnesses.
• Accepted by the donee while the donor is alive — the deed records acceptance, and the donee signs it.

Stamp paper. Stamp duty on a gift deed is set by each state; concessional rates for gifts to spouses, children, parents or siblings are common but not universal. Check your state’s current rate before execution.

After you sign it

Signing is not the last step for this document. These are what most authorities ask to see next.

1. 1

   Mutate the property

   Apply to the municipal or revenue office to transfer the property tax and revenue records into the donee’s name.

2. 2

   Keep the tax position in mind

   Gifts from relatives as defined in income-tax law are generally not taxed in the donee’s hands; gifts from others may be. Take advice if the donee is not a relative.

Common mistakes to avoid

• Leaving the gift unregistered — an unregistered gift of immovable property is not valid.
• No acceptance by the donee during the donor’s lifetime.
• Adding a price or consideration, which turns the gift into a sale.
• Gifting jointly owned property without every co-owner joining the deed.